McGuire Emphasizes Subsidies For MLS Venue S.F. Official Downplays Concerns Over Warriors Arena Facility Notes New NFL Stadium Efforts Costly For St. Louis NYRA Revives Saratoga Redevelopment Indy Eleven Stadium Bid Runs Out Of Time Facility Notes Consultants Seek Changes To Warriors Arena Plan Falcons To Borrow $850M For New Stadium Omni Hotel Going Near Braves New Ballpark
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Published January 13, 1997
Due to delays in choosing a site, the proposed new L.A. arena to be shared by the Kings and Lakers won't be ready to open in the fall of '99, as originally planned. The arena will likely open in the summer of 2000 (L.A. TIMES, 1/11). ....In Minneapolis, Jay Weiner examines the formation of the Twins stadium proposal last week. Weiner: "The business relationship between [Metropolitan Sports Facilities Commission Chair Henry] Savelkoul and [Twins Owner] Carl Pohlad intensified as they became friends. ...The Twins' cash contribution rose. A concept to have the state buy out the Pohlads was agreed upon. A level of comfort had arrived" (Minneapolis STAR TRIBUNE, 1/12)....The Oakland- Alameda County Coliseum Authority "refused" to turn over $1M to the Oakland Football Marketing Association. Instead, they transferred $500,000 to the OFMA with a promise to consider making additional public funds available within 45 days (SAN JOSE MERCURY NEWS, 1/10).